Dubai is hosting the tenth Philippine real estate and investment exhibition on May 11.

The largest real estate and investment exhibition in the Philippines will take place again in Dubai, the Tenth Philippine Real Estate and Investment Exhibition, scheduled for May 11 and 12. This annual event, which will be held this year at the Bristol Hotel in the Deira area, aims to showcase the strong economic achievements of the Philippines and strengthen the country's position as a major investment hub in the Southeast Asian region (ASEAN).

The Philippines demonstrated impressive economic growth in 2023, increasing GDP by5.6%that exceeds the growth rates of other major economies in the region. During the same period, remittances from Filipinos abroad reached a record high of136.5 billion dirhamsThe increase in interest in real estate in the Philippines, especially from local citizens working abroad and foreign investors, highlights the country's appeal as an investment hub, contributing to positive dynamics in the real estate market.

This year, leading companies in the real estate sector in the Philippines, which traditionally participate in this event, will take part in the exhibition. This highlights the crucial role of the Tenth Philippine Real Estate and Investment Exhibition in the world of investments. The Philippine Ambassador to the UAE, Alfonso Ver, praised the exhibition, noting that its return underscores the confident development of the investment and real estate sectors in the Philippines, especially in the UAE.

The Philippine Consul General in Dubai, Marvford Angeles, added that the exhibition will help showcase investment opportunities and support Filipino professionals and entrepreneurs. He noted that this event plays an important role not only in providing information about investment opportunities but also in changing the perception of Filipino migrant workers as professionals and successful entrepreneurs.

Karin Rimo, the CEO and founder of New Perspective Media, the organizer of the exhibition, is confident in the economic strength of the Philippines and stated that the event aims to strengthen the country's position as a leading investment destination. She noted that the expected growth rate of the Philippine economy this year is6.4%...which makes it a significant player in ASEAN.

Vince Ang, the Chief Operating Officer of New Perspective Media Group, shared the high aspirations of the exhibition: "The tenth Philippine Real Estate and Investment Exhibition arose from our group's desire to see how every Filipino abroad can achieve success even after retirement. This goal remains relevant to this day." He urged Filipinos and other investors living in the UAE to join the tenth anniversary of the exhibition, adding that the event provides a unique opportunity for learning about financial management, smart investments, and acquiring new skills, which will lead to a brighter future.

The exhibition will showcase a variety of solutions in the fields of real estate, finance, and business, including more50 essential presentationsand a forum with participation of over50 expertsand leading specialists from major Philippine development companies, as well as organizations based in the UAE. Keep up with economic news through Google News.